Nabors Historical Income Statement

NBR Stock

USD 47.20 2.49 5.01%

Historical analysis of Nabors Industries income statement accounts such as Gross Profit of 3.1 B can show how well Nabors Industries performed in making a profits. Evaluating Nabors Industries income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Nabors Industries's future profits or losses.

Cash Flow Balance Sheet Income Statement

Oil Shock

Dot-com Bubble

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Financial Statement Analysis is much more than just reviewing and examining Nabors Industries latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Nabors Industries is a good buy for the upcoming year.

Net Income Gross Profit

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nabors Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

To learn how to invest in Nabors Stock, please use our How to Invest in Nabors Industries guide.

About Nabors Income Statement Analysis

Nabors Industries Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Nabors Industries shareholders. The income statement also shows Nabors investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Nabors Industries Income Statement Chart

At this time, Nabors Industries' Reconciled Depreciation is relatively stable compared to the past year.

Total Revenue Other Operating Expenses Cost Of Revenue Total Operating Expenses

Total Revenue

Total revenue comprises all receipts Nabors Industries generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Nabors Industries. It is also known as Nabors Industries overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Cost Of Revenue

Cost of Revenue is found on Nabors Industries income statement and represents the costs associated with goods and services Nabors Industries provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Most accounts from Nabors Industries' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Nabors Industries current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nabors Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

To learn how to invest in Nabors Stock, please use our How to Invest in Nabors Industries guide.At this time, Nabors Industries' Reconciled Depreciation is relatively stable compared to the past year.

	2022	2023	2024	2025 (projected)
Interest Expense	177.9M	185.3M	210.9M	133.1M
Depreciation And Amortization	665.1M	645.3M	633.4M	377.9M

Interest Expense Depreciation And Amortization

Nabors Industries income statement Correlations

	Depreciation And Amortization	Interest Expense	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Selling General Administrative	Extraordinary Items	Research Development	Discontinued Operations	Net Income From Continuing Ops	Non Recurring	Non Operating Income Net Other	Minority Interest	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation
Depreciation And Amortization		0.33	0.71	0.34	0.69	0.15	-0.04	0.67	0.68	0.46	0.42	-0.08	0.43	0.22	0.68	0.07	-0.15	-0.21	0.37	0.59	-0.23	-0.32	-0.15	-0.02	0.34	-0.08
Interest Expense	0.33		0.63	0.16	0.69	-0.02	0.04	0.26	0.66	0.56	0.09	0.12	0.04	0.14	0.53	-0.35	0.15	-0.47	-0.02	0.32	-0.47	0.22	-0.02	0.05	-0.26	0.2
Total Revenue	0.71	0.63		0.4	0.99	0.21	0.0	0.49	0.97	0.7	0.38	-0.03	0.38	0.17	0.98	-0.24	-0.14	-0.5	0.32	0.84	-0.45	-0.04	-0.35	0.28	-0.01	0.26
Gross Profit	0.34	0.16	0.4		0.34	0.94	0.46	0.59	0.29	0.5	0.59	-0.79	0.54	0.34	0.47	0.12	-0.08	-0.15	0.59	0.25	-0.09	-0.31	0.17	-0.2	0.39	-0.49
Other Operating Expenses	0.69	0.69	0.99	0.34		0.15	-0.08	0.42	0.99	0.66	0.28	-0.01	0.28	0.12	0.96	-0.29	-0.06	-0.47	0.21	0.81	-0.44	0.0	-0.35	0.29	-0.07	0.29
Operating Income	0.15	-0.02	0.21	0.94	0.15		0.4	0.41	0.12	0.28	0.55	-0.86	0.53	0.17	0.3	0.07	0.0	-0.06	0.61	0.11	0.07	-0.26	0.16	-0.13	0.37	-0.54
Ebit	-0.04	0.04	0.0	0.46	-0.08	0.4		0.72	-0.19	0.5	0.7	-0.06	0.58	0.75	0.0	0.15	-0.19	-0.12	0.57	-0.1	0.09	-0.04	0.4	-0.4	0.29	-0.36
Ebitda	0.67	0.26	0.49	0.59	0.42	0.41	0.72		0.33	0.69	0.81	-0.11	0.73	0.71	0.48	0.16	-0.25	-0.23	0.68	0.34	-0.09	-0.26	0.2	-0.31	0.46	-0.33
Cost Of Revenue	0.68	0.66	0.97	0.29	0.99	0.12	-0.19	0.33		0.53	0.22	-0.02	0.22	0.07	0.93	-0.28	0.01	-0.39	0.16	0.77	-0.37	0.01	-0.33	0.27	-0.08	0.29
Total Operating Expenses	0.46	0.56	0.7	0.5	0.66	0.28	0.5	0.69	0.53		0.51	0.01	0.46	0.36	0.7	-0.19	-0.37	-0.62	0.39	0.65	-0.57	-0.06	-0.27	0.22	-0.01	0.18
Income Before Tax	0.42	0.09	0.38	0.59	0.28	0.55	0.7	0.81	0.22	0.51		-0.12	0.98	0.49	0.4	0.08	-0.41	-0.38	0.97	0.33	-0.07	-0.23	0.08	-0.16	0.42	-0.29
Total Other Income Expense Net	-0.08	0.12	-0.03	-0.79	-0.01	-0.86	-0.06	-0.11	-0.02	0.01	-0.12		-0.09	0.01	-0.12	-0.17	-0.21	-0.21	-0.19	0.07	-0.13	0.28	-0.22	0.15	-0.36	0.62
Net Income	0.43	0.04	0.38	0.54	0.28	0.53	0.58	0.73	0.22	0.46	0.98	-0.09		0.32	0.41	0.02	-0.45	-0.42	0.99	0.4	-0.09	-0.28	-0.06	-0.05	0.4	-0.23
Income Tax Expense	0.22	0.14	0.17	0.34	0.12	0.17	0.75	0.71	0.07	0.36	0.49	0.01	0.32		0.13	0.39	-0.04	0.12	0.29	-0.09	0.19	0.15	0.63	-0.59	0.2	-0.27
Selling General Administrative	0.68	0.53	0.98	0.47	0.96	0.3	0.0	0.48	0.93	0.7	0.4	-0.12	0.41	0.13		-0.25	-0.18	-0.47	0.36	0.86	-0.41	-0.09	-0.38	0.32	-0.02	0.25
Extraordinary Items	0.07	-0.35	-0.24	0.12	-0.29	0.07	0.15	0.16	-0.28	-0.19	0.08	-0.17	0.02	0.39	-0.25		-0.04	0.52	0.03	-0.2	0.13	0.03	0.47	-0.38	0.53	-0.37
Research Development	-0.15	0.15	-0.14	-0.08	-0.06	0.0	-0.19	-0.25	0.01	-0.37	-0.41	-0.21	-0.45	-0.04	-0.18	-0.04		0.63	-0.44	-0.49	0.62	0.19	0.51	-0.4	0.06	-0.34
Discontinued Operations	-0.21	-0.47	-0.5	-0.15	-0.47	-0.06	-0.12	-0.23	-0.39	-0.62	-0.38	-0.21	-0.42	0.12	-0.47	0.52	0.63		-0.39	-0.55	0.76	0.0	0.58	-0.52	0.29	-0.44
Net Income From Continuing Ops	0.37	-0.02	0.32	0.59	0.21	0.61	0.57	0.68	0.16	0.39	0.97	-0.19	0.99	0.29	0.36	0.03	-0.44	-0.39		0.34	-0.05	-0.29	-0.03	-0.07	0.41	-0.28
Non Recurring	0.59	0.32	0.84	0.25	0.81	0.11	-0.1	0.34	0.77	0.65	0.33	0.07	0.4	-0.09	0.86	-0.2	-0.49	-0.55	0.34		-0.59	-0.14	-0.72	0.61	-0.04	0.45
Non Operating Income Net Other	-0.23	-0.47	-0.45	-0.09	-0.44	0.07	0.09	-0.09	-0.37	-0.57	-0.07	-0.13	-0.09	0.19	-0.41	0.13	0.62	0.76	-0.05	-0.59		0.08	0.58	-0.57	0.09	-0.36
Minority Interest	-0.32	0.22	-0.04	-0.31	0.0	-0.26	-0.04	-0.26	0.01	-0.06	-0.23	0.28	-0.28	0.15	-0.09	0.03	0.19	0.0	-0.29	-0.14	0.08		0.16	0.17	-0.59	0.38
Tax Provision	-0.15	-0.02	-0.35	0.17	-0.35	0.16	0.4	0.2	-0.33	-0.27	0.08	-0.22	-0.06	0.63	-0.38	0.47	0.51	0.58	-0.03	-0.72	0.58	0.16		-0.88	0.26	-0.61
Interest Income	-0.02	0.05	0.28	-0.2	0.29	-0.13	-0.4	-0.31	0.27	0.22	-0.16	0.15	-0.05	-0.59	0.32	-0.38	-0.4	-0.52	-0.07	0.61	-0.57	0.17	-0.88		-0.35	0.58
Net Interest Income	0.34	-0.26	-0.01	0.39	-0.07	0.37	0.29	0.46	-0.08	-0.01	0.42	-0.36	0.4	0.2	-0.02	0.53	0.06	0.29	0.41	-0.04	0.09	-0.59	0.26	-0.35		-0.77
Reconciled Depreciation	-0.08	0.2	0.26	-0.49	0.29	-0.54	-0.36	-0.33	0.29	0.18	-0.29	0.62	-0.23	-0.27	0.25	-0.37	-0.34	-0.44	-0.28	0.45	-0.36	0.38	-0.61	0.58	-0.77

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Nabors Industries Account Relationship Matchups

Nabors Industries income statement Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Depreciation And Amortization	853.7M	693.4M	665.1M	645.3M	633.4M	377.9M
Interest Expense	206.3M	171.5M	177.9M	185.3M	210.9M	133.1M
Total Revenue	2.1B	2.0B	2.7B	3.0B	3.0B	2.6B
Gross Profit	(52.7M)	37.3M	322.7M	570.3M	3.0B	3.1B
Other Operating Expenses	2.4B	2.2B	2.6B	2.7B	3.0B	2.3B
Operating Income	(1.2B)	(944.8M)	(747.9M)	269.9M	2.7B	2.8B
Ebit	(499.3M)	(316.6M)	(67.8M)	314.4M	91.7M	89.9M
Ebitda	354.4M	376.8M	597.3M	959.7M	725.1M	501.6M
Cost Of Revenue	2.2B	2.0B	2.3B	2.4B	2.8B	1.9B
Total Operating Expenses	237.1M	248.7M	278.4M	300.4M	306.4M	401.6M
Income Before Tax	(705.6M)	(488.1M)	(245.7M)	129.1M	(31.0M)	(29.5M)
Total Other Income Expense Net	57.3M	(276.2M)	61.5M	(140.7M)	(2.7B)	(2.6B)
Net Income	(762.9M)	(543.7M)	(307.2M)	(50.2M)	(176.1M)	(167.3M)
Income Tax Expense	57.3M	55.6M	61.5M	79.2M	56.9M	49.1M
Selling General Administrative	203.5M	213.6M	228.4M	244.1M	249.3M	337.6M
Net Income Applicable To Common Shares	(720.1M)	(820.3M)	(572.9M)	(350.3M)	(315.2M)	(299.5M)
Research Development	33.6M	35.2M	49.9M	56.3M	57.1M	41.0M
Discontinued Operations	(14.7M)	(12K)	7K	20K	23K	24.2K
Net Income From Continuing Ops	(762.9M)	(543.7M)	(307.2M)	(12.1M)	(10.9M)	(11.4M)
Non Operating Income Net Other	(5K)	(27.1M)	(51.9M)	19.6M	22.5M	23.7M
Minority Interest	42.8M	(25.6M)	43.0M	(52.0M)	(59.8M)	(56.9M)
Tax Provision	57.3M	55.6M	61.5M	86.1M	99.1M	104.0M
Interest Income	4.7M	174.7M	15.5M	39.5M	35.6M	33.8M
Net Interest Income	(206.3M)	(171.5M)	(162.4M)	(140.1M)	(161.1M)	(169.1M)
Reconciled Depreciation	853.7M	693.4M	665.1M	652.9M	587.6M	623.4M

Pair Trading with Nabors Industries

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Nabors Industries position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Nabors Industries will appreciate offsetting losses from the drop in the long position's value.

Moving together with Nabors Stock

0.81	HP	Helmerich and Payne	Pair Corr
0.82	NE	Noble plc Earnings Call This Week	Pair Corr
0.74	PDS	Precision Drilling	Pair Corr
0.93	RIG	Transocean	Pair Corr

Moving against Nabors Stock

0.65	AE	Adams Resources Energy	Pair Corr
0.55	ET	Energy Transfer LP	Pair Corr
0.49	EC	Ecopetrol SA ADR	Pair Corr
0.47	BP	BP PLC ADR	Pair Corr
0.45	AR	Antero Resources Corp	Pair Corr

The ability to find closely correlated positions to Nabors Industries could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nabors Industries when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Nabors Industries - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Nabors Industries to buy it.

The correlation of Nabors Industries is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Nabors Industries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nabors Industries moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Nabors Industries can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Nabors Stock Analysis

When running Nabors Industries' price analysis, check to measure Nabors Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nabors Industries is operating at the current time. Most of Nabors Industries' value examination focuses on studying past and present price action to predict the probability of Nabors Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nabors Industries' price. Additionally, you may evaluate how the addition of Nabors Industries to your portfolios can decrease your overall portfolio volatility.

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Nabors Historical Income Statement

About Nabors Income Statement Analysis

Nabors Industries Income Statement Chart

Total Revenue

Other Operating Expenses

Cost Of Revenue

Total Operating Expenses

Nabors Industries income statement Correlations

Nabors Industries Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Nabors Industries income statement Accounts

Pair Trading with Nabors Industries

Moving together with Nabors Stock

Moving against Nabors Stock

Additional Tools for Nabors Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Other Operating Expenses	+ 0.99	Total Revenue
Cost Of Revenue	+ 0.99	Other Operating Expenses
Net Income From Continuing Ops	+ 0.99	Net Income
Selling General Administrative	+ 0.98	Total Revenue
Net Income	+ 0.98	Income Before Tax
Cost Of Revenue	+ 0.97	Total Revenue

Interest Income	- 0.88	Tax Provision
Total Other Income Expense Net	- 0.86	Operating Income
Total Other Income Expense Net	- 0.79	Gross Profit
Reconciled Depreciation	- 0.77	Net Interest Income
Tax Provision	- 0.72	Non Recurring
Discontinued Operations	- 0.62	Total Operating Expenses